Tuesday, October 18, 2022

‘WhatsApp far more private’: Mark Zuckerberg takes a shot at Apple and iMessage



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5G network rollout: Nokia, Ericsson bag Jio’s $3-bn contracts



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IT services fresher hiring in H1 exceeds same period last year

H1 FY23 IT fresher hiring exceeds H1 FY22 numbers; companies cut dependency on lateral hiring

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Meta India clocks gross ad revenues of Rs 16,189 crore in FY 2021-22

According to industry insiders, Google and Facebook continue to roughly corner over 70 of the digital advertising pie in India, and this has been the case for the last few years, indicating a duopoly that has only been strengthening. Globally, Meta Platforms Inc reported revenue of $28.82 billion in Q2 2022, down from $ 29.07 bilion a year ago. It reported a profit of $ 6.69 billion, down 36% from the previous year.

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Monday, October 17, 2022

Tata Play Binge now available to non-DTH subscribers, plans start at Rs 59



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Moonlighting could topple IT industry, says TCS COO; firm plans internal 'gig' platform

Top executives of India’s IT services companies have been outspoken in their criticism of moonlighting – taking up dual employment – and both Wipro and Infosys have recently sacked employees found to be working second jobs. Now, N Ganpathy Subramaniam, chief operating officer of TCS, tells us the practice is not only unethical but presents an existential crisis to the $227-billion IT industry.

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Avataar Venture Partners launches second fund of $350 million

Fund II from the business-to-business (B2B) technology-backer comes three years after it launched its first fund worth $300 million and less than two years after it closed a top-up fund worth $100 million to invest in some of its portfolio companies.

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Sunday, October 16, 2022

Meta’s Horizon Worlds app losing users and falling short of goals, report says



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IoT startup Sensorise expects to double revenue to Rs 160 crore this fiscal

The company provides e-SIM-based end-to-end connectivity solutions for internet-of-things and machine-to-machine communications that are used for car diagnostics, mineral ore tracking, fleet management etc.

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SpaceX capsule splashes down, returning 4 astronauts from Space Station



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Razer Edge is a 5G-enabled handheld console built for cloud gaming



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Anthropic quietly sets up biology lab as it ramps AI drug program

At a time when fears of AI are gripping the public, the startup has built a wet lab, or place for physical experiments, in the San Francisco...